core cpi: Inflation watch: CPI figure higher than expected - 10/17/07 03:30 AM
A couple of weeks ago (October 1, 2007) I published a piece declaring inflation as a significant economic threat, just over the horizon.Today the U.S. Bureau of Labor Statistics released its figure for the Consumer Price Index ("CPI".) The CPI is the US Government's official measurement of inflation. U.S. policymakers pay closer attention to another figure released by the BLS, the "Core CPI" figure, which removes housing and energy costs. Many economists see the Core CPI as depicting an unrealistic American economic experience (e.g. for whom are housing and energy costs not part of everyday economic life?)The 0.3% CPI figure today … (2 comments)

core cpi: Why you're more in touch with real inflation than the Fed - 06/21/07 01:21 AM
Today the Philadelphia Fed will release its monthly index of the economy, and it's widely expected to continue to support the Fed's policy of keeping interest rates where they are (the Fed rate hasn't been changed since June of 2006.) One key benchmark that they'll take into account is the "Core CPI," or the core consumer price index -- intended to give an accurate measurement of the consumer's experience of inflation in his or her life -- released last week at the lower-than-expected level of 0.1% for the month of May.That's a nice, low figure.But your gut may be telling you … (0 comments)

 
Jordan Graham

Jordan Graham

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